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Net worth update per


This is RegenerativeEconomy's #30 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,449,901 and my FI portfolio increased to DKK 796,939


Net worth

DKK 1,449,901

Since the last update on my net worth has increased with DKK 177,662 (+ 13.96 %).

FI portfolio

DKK 796,939

Since the last update on my FI portfolio has increased with DKK 28,585 (+ 3.72 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in DKK.
Change
Cash 24,621 -1,204 23,417
Investments 1 0 1
Retirement acc 743,732 +29,789 773,521
Real estate 4,147,877 + 105,977 4,253,854
Other assets 41,768 + 93 41,861
Total assets 4,957,999 +134,655 5,092,654

Mortgage 3,083,175 16,765 3,099,940
Other debt 602,585 -59,772 542,813
Total debt 3,685,760 -43,007 3,642,753
Change
Cash 63,364 -39,947 23,417
Investments 1 0 1
Retirement acc 638,853 +134,668 773,521
Real estate 3,695,000 + 558,854 4,253,854
Other assets 115,921 -74,060 41,861
Total assets 4,513,139 +579,515 5,092,654

Mortgage 2,757,476 342,464 3,099,940
Other debt 644,295 -101,482 542,813
Total debt 3,401,771 240,982 3,642,753
Change
Cash 203,420 -180,003 23,417
Investments 251,923 -251,922 1
Retirement acc 458,909 +314,612 773,521
Real estate 3,900,000 + 353,854 4,253,854
Other assets 41,838 + 23 41,861
Total assets 4,856,090 +236,564 5,092,654

Mortgage 2,976,045 123,895 3,099,940
Other debt 876,374 -333,561 542,813
Total debt 3,852,419 -209,666 3,642,753

I am now 4.4% on my way to achive my FIRE target of DKK 18,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

DKK 796,939 FIRE target: DKK 18,000,000


4.4%

FI portfolio

My FI portfolio now consists of DKK 1 (0.0%) in investments, DKK 773,521 (97.1%) in retirement accounts, and DKK 23,417 (2.9%) in cash.

Investments

Since my last update, my investments decreased with DKK 0 (0.0%), of which DKK -1,500 was from withdrawals, and DKK -25 was from returns.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 29,789 (4.01%), of which DKK 22,584 was from contributions , and DKK -22,089 was from returns.

Since I started tracking, my total contributions have been DKK 561,842, and my total return is DKK -11,018.




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be DKK 2,656 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,656/month
(4.0% SWR)
2,324/month
(3.5% SWR)
1,992/month
(3.0% SWR)


When can I retire?

FI date

My age

59

I am currently aiming to save/invest approximately DKK 25,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 18,000,000 in 20 years and 2 months, in , and at that time I will be 59 years old.

By that time I will have invested/saved another DKK 6,350,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 10,853,061


Financial independence forecast